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After cryptocurrency exchange FTX filed for bankruptcy in 2022, specialized distressed asset investors started buying up the company's debt. They stand to make big profits off the remains of FTX.
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U.S. employers added 175,000 jobs in April. That's the smallest number in six months. A gradual cooling of the job market may help to ease concerns about inflation.
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New measures to stop avian flu among dairy cows are taking effect, such as testing dairy herds before they cross state lines. But farmers who voluntarily report infections stand to lose money.
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The Federal Reserve held interest rates steady Wednesday, as inflation remained stubbornly above the Fed's 2% target. Investors now think it could be September or later before rates start to fall.
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The U.S. economy has been sending some mixed signals lately. Consumers say they're less confident, but they keep spending more money. It's a lot for the Federal Reserve to puzzle over.
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After the airline offered the couple flying from India to Singapore 10,000 flyer miles, they sued. A court in India ordered Singapore Airlines to pay them around $2,500 for "mental agony."
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The Arkansas-based company said that after managing the clinics it launched in 2019 and expanding its telehealth program, it concluded "there is not a sustainable business model for us to continue."
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Fox News has taken down a six-part series in which it staged a mock trial of hypothetical criminal charges against Hunter Biden after the president's son threatened to sue the network.
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A United Nations official said negotiators have a "clear path to landing an ambitious deal" on plastic pollution. But environmentalists say the plastic industry is undermining an effective agreement.
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Campus protesters want administrators to sell off investments in companies with ties to Israel. Here's a look at what divestment means — and why universities are saying no.
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The New York Daily News, the Chicago Tribune and others contend that the tech companies illegally copied their work without seeking permission or ever paying the publishers.
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The Federal Reserve is expected to hold interest rates steady this week — and possibly for months to come — as policymakers try to sort through mixed signals about the U.S. economy.